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Of this, €54bn subsidised [[Common Agricultural Policy|agriculture enterprise]], €42bn was spent on [[Transport in the European Union|transport]], building and the environment, €16bn on [[Educational policies and initiatives of the European Union|education and research]], €13bn on welfare, €20bn on foreign and defence policy, €2bn in [[European banking union|finance]], €2bn in [[Renewable energy in the European Union|energy]], €1.5bn in communications, and €13bn in administration.]] {{Politics of the European Union}} The '''budget of the European Union''' ({{aka}} The Union’s annual budget) is used to finance EU funding programmes (such as the [[European Regional Development Fund]], the [[Cohesion Fund]], [[Horizon Europe]], or [[Erasmus+]]) and other expenditure at the European level. The EU budget is primarily an investment budget. Representing around 2% of all EU public spending, it aims to complement national budgets.<ref>{{Cite web |title=How the EU budget is adopted |url=https://european-union.europa.eu/institutions-law-budget/budget/how-eu-budget-adopted_en |website=European Union}}</ref> Its purpose is to implement the priorities that all EU members have agreed upon. It provides European added-value by supporting actions which, in line with the principle of subsidiarity and proportionality, can be more effective than actions taken at national, regional or local level. {{Unreferenced section|date=July 2024}} The EU had a long-term budget of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28's Gross National Income (GNI)<ref>European Union, Integrated Financial Reporting Package Overview, Financial year 2017. 2018. https://europa.eu/!hK34QQ</ref> and of €1,074.3 billion for the 2021–2027 period.<ref name="budget2021-2027">[https://www.consilium.europa.eu/media/47296/1011-12-20-euco-conclusions-en.pdf European Council conclusions, 10-11 December 2020] Retrieved 15 January 2021.</ref> The long-term budget, also called the [[Multiannual Financial Framework]], is a seven-year spending plan, allowing the EU to plan and invest in long-term projects. Initially, the EU budget used to fund mainly agriculture. In the 1980s and 1990s, [[Member state of the European Union|Member States]] and the [[European Parliament]] broadened the scope of EU competences through changes in the [[Treaties of the European Union|Union's founding Treaties]]. Recognising the need to support the new [[European Single Market|single market]], they increased the resources available under the [[Structural Funds and Cohesion Fund|Structural Funds]] to support economic, social and territorial cohesion. In parallel, the EU enhanced its role in areas such as transport, space, health, education and culture, [[consumer protection]], environment, research, justice cooperation and foreign policy. Since 2000, the EU budget has been adjusted to the arrival of 13 new [[Member state of the European Union|Member States]] with diverse socioeconomic situations and by successive EU strategies to support jobs and growth and enhanced actions for the younger generation through the Youth Employment Initiative and Erasmus+. In 2015, it has set up the [[European Fund for Strategic Investments]] (EFSI), "so called [[Juncker Plan|Juncker plan]]" allowing to reinforce investments in the EU. The largest share of the EU budget (around 70% for the period 2014–2020) goes to agriculture and regional development. During the period 2014–2020, the share of EU spending on farming is set at 39%. In 1985, 70% was spent on farming. Farming's relatively large share of the EU budget is due to the fact that it is the only policy funded almost entirely from the common budget. This means that EU spending replaces national expenditure to a large extent. The second share of EU spending goes to regional development (34% for the period 2014–2020). EU funding for regional and social development is an important source for key investment projects. In some EU countries that have otherwise limited means, European funding finances up to 80% of public investment.<ref>[https://cohesiondata.ec.europa.eu/Other/-of-cohesion-policy-funding-in-public-investment-p/7bw6-2dw3 European Structural and Investment Funds]</ref> However, EU regional spending does not just help poorer regions. It invests in every EU country, supporting the economy of the EU as a whole. 6% of the EU budget goes for the administration of all the European Institutions, including staff salaries, pensions, buildings, information technology, training programmes, translation, and the running of the [[European School]] system for the provision of education for the children of EU staff. == EU budget lifecycle == The EU budget is adopted through the budgetary procedure by the European Parliament and the Council of the European Union. The EU budget must remain within the limits set out in the [[Multiannual Financial Framework]] (MFF) and the Own Resource Celling.<ref name=":0">Article 312(1) of [http://data.europa.eu/eli/treaty/tfeu_2012/oj the Treaty on the Functioning of the European Union].</ref> The MFF is the EU's long-term budget. It is established at least for five years<ref name=":0" /> (usually seven years). === Adoption === The European Commission submits the draft budget no later than 1 September each year. The Council of the European Union adopts its position no later than 1 October. If the European Parliament may accept the Council's position or fails to take a decision within 42 days, then the budget is adopted. If the Parliament adopts its position then the Conciliation Committee is convened. The Conciliation Committee has 21 days to adopt a joint text if the committee fails to adopt a joint text or the joint text is not adopted within 14 days by the Council and the Parliament the budgetary procedure needs to start again.<ref>{{Cite web |title=The budgetary procedure |url=https://www.europarl.europa.eu/factsheets/en/sheet/10/the-budgetary-procedure |access-date=2022-12-27 |website=European Parliament}}</ref> === Implementation === The European Commission, in cooperation with Member States, is responsible for the implementation of the EU budget in accordance with the [http://data.europa.eu/eli/reg/2018/1046/oj Financial Regulation].<ref>Article 317(1) of the Treaty on the [http://data.europa.eu/eli/treaty/tfeu_2012/oj Functioning of the European Union].</ref> The EU budget is implemented in accordance with the principles of unity and of budgetary accuracy, annuality, equilibrium, unit of account, universality, specification, sound financial management and performance and transparency.<ref>Title II of the [http://data.europa.eu/eli/reg/2018/1046/oj Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012].</ref> The EU programmes are managed in three ways: * direct management (the programmes are executed by the Commission directly or by its executive agencies), * indirect management (third parties, such as international organisation, oversee the execution), or * shared management (the Member States authorities oversee the execution).<ref>{{Cite web |title=Funding by management mode |url=https://commission.europa.eu/funding-tenders/find-funding/funding-management-mode_en |access-date=2022-12-27 |website=European Commission}}</ref> === Audit and discharge === The Commission reports on how it has implemented the budget in various ways, most importantly by publishing the Integrated Financial Reporting Package, which consists of the annual accounts, the Annual Management and Performance Report, and other accountability reports.<ref>[https://ec.europa.eu/info/about-european-commission/eu-budget/library/publications/integrated-financial-reporting-package_en Integrated Financial Reporting Package]</ref> The annual discharge procedure allows the European Parliament and the Council to hold the Commission politically accountable for the implementation of the EU budget. The European Parliament decides, after a recommendation by the Council, on whether or not to provide its final approval, known as 'granting discharge', to the way the Commission implemented the EU budget in a given year. When granted, it leads to the formal closure of the accounts of the institution for a given year. When deciding whether to grant, postpone or refuse the discharge, the Parliament takes into consideration the Integrated Financial Reporting Package prepared by the Commission along with the [[European Court of Auditors]]' Annual Report on how the budget has been spent and any relevant Special Reports from the Court. More particularly, every year the European Court of Auditors,<ref>[https://www.eca.europa.eu/en/Pages/ecadefault.aspx European Court of Auditors]</ref> which is the EU's independent external auditor, examines the reliability of accounts, whether all revenue has been received and all expenditure incurred in a lawful and regular manner, and whether the financial management has been sound. The European Court of Auditors has signed off the EU accounts every year since 2007. In October 2018, the European Court of Auditors gave the EU annual accounts a clean bill of health<ref>[http://europa.eu/rapid/press-release_IP-18-5984_en.htm European Court of Auditors signs off EU accounts for 11th time in a row]</ref> for the 11th year in a row, finding them true and fair. The Court has given, for a second year in a row, a qualified opinion on the 2017 payments. The report thus shows further improvements in terms of compliance and performance, and confirms that the commission is on the right path. While a clean opinion means that the figures are true and fair, a qualified opinion means that there are minor issues still to be fixed. If Member States or final beneficiaries are found to spend EU money incorrectly, the Commission takes corrective measures. In 2017, the Commission recovered €2.8 billion, equal to 2.1% of the payments to the EU budget. Therefore, the actual amount at risk is below the 2% threshold, once corrections and recoveries have been taken into account.2% of any public budget is very high however hence the qualification. == Revenue == ===Sources of income=== {{Pie chart | thumb =right | caption = Pie chart showing EU revenue sources (2017)<ref name="European Union 2018">© European Union, Revenue section, EU Budget 2017 Financial Report, 2018. https://europa.eu/!hy73fY</ref> | other = | label1 = VAT-based resources | value1 = 12.2 | label2 = GNI-based resources | value2 = 56.1 | label3 = Own resources | value3 = 14.7 | label4 = Other | value4 = 12.4 | label5 = Surplus from 2016 | value5 = 4.6 }} The EU obtains its revenue from four main sources: # Own resources: Customs duties on imports from outside the EU and levies collected by the EU. # VAT-based resources, comprising a percentage (0.3% except [[Germany]], [[Netherlands]] and [[Sweden]] that apply 0.15%) of Member State's standardised [[value added tax]] (VAT) base; # GNI-based resources, comprising a percentage (around 0.7%) of each member state's [[gross national income]] (GNI); # Other revenue, including taxes from EU staff salaries, bank interest, fines and contributions from third countries; ====Own resources==== {{Primary sources|section|date=April 2021}} Traditional own resources<ref name="European Union 2018" /> are taxes raised on behalf of the EU as a whole, principally import duties on goods brought into the EU. These are collected by the Member States and passed on to the EU. Member States are allowed to keep a proportion of the duty to cover administration (20%), 25% as per 2021. The European Commission operates a system of inspections to control the collection of these duties in Member States and thus ensure compliance with the EU rules. In 2017, the EU's revenue from customs duties was €20,325 million (14.6% of its total revenue). A production charge paid by sugar producers brought in revenue of €134 million. The total revenue from TORs (customs duties and sugar levies) was €20,459 million (14.7% of the EU's total revenue). Countries are liable to make good any loss of revenue due to their own administrative failure. As per the [[Multiannual Financial Framework#2014–2020 Financial Framework|2021-2027 period]] an additional system of own resources will be introduced relying on levies collected by the EU.<ref>{{cite book |last=[[Charles Michel]] |title=MFF-draft |year=2020 |url=https://www.politico.eu/wp-content/uploads/2020/02/SKM_C45820021415200.pdf |access-date=15 January 2021}}</ref> ====VAT-based own resources==== {{Primary sources|section|date=April 2021}} The VAT-based<ref>© European Union, Revenue section, EU Budget 2017 Financial Report, 2018. https://europa.eu/!hy73fY https://europa.eu/!hy73fY</ref> own resource is a source of EU revenue based on the proportion of VAT levied in each member country. VAT rates and exemptions vary in different countries, so a formula is used to create the so-called "harmonised VAT base", upon which the EU charge is levied. The starting point for calculations is the total VAT raised in a country. This is then adjusted using a weighted average rate of VAT rates applying in that country, producing the intermediate tax base. Further adjustments are made where there is a derogation from the VAT directive allowing certain goods to be exempt. The tax base is capped, such that it may not be greater than 50% of a Member State's gross national income (GNI). In 2017, eight Member States saw their VAT contribution reduced thanks to this 50% cap ([[Estonia]], [[Croatia]], [[Cyprus]], [[Luxembourg]], [[Malta]], [[Poland]], [[Portugal]] and [[Slovenia]]). Member countries generally pay 0.3% of their harmonised VAT base into the budget, but there are some exceptions. The rate for Germany, the Netherlands and Sweden is 0.15% for the 2014-2020 period, while [[Austria]] also had a reduced rate in the 2007-2013 period. The EU's total revenue from the VAT own resource was 16,947 million euros (12.2% of total revenue) in 2017. Member States are required to send a statement of VAT revenues to the EU before July after the end of the budget year. The EU examines the submission for accuracy, including inspection visits by officials from the [[Directorate-General for Budget]] and [[Eurostat]], who report back to the country concerned. The country has a legal obligation to respond to any issues raised in the report, and discussions continue until both sides are satisfied, or the matter may be referred to the [[European Court of Justice]] for a final ruling. The ''Advisory Committee on Own Resources'' (''ACOR''), which has representatives from each Member State, gives its opinion where Member States have asked for authorisations to leave certain calculations out of account or to use approximate estimates. The ACOR also receives and discusses the inspection results. In 2018, 15 inspections were reported by inspectors to the ACOR. It is anticipated that 12 countries will be visited in 2019. ====GNI-based own resources==== {{Primary sources|section|date=April 2021}} The Gross National Income (GNI)-based resource<ref name="European Union 2018" /> is an 'additional' resource that provides the revenue required to cover expenditure in excess of the amount financed by traditional own resources, VAT-based contributions and other revenue in any year. These national contributions from the Member States are the largest source of the EU budget and are calculated based on gross national income. The GNI-based resource ensures that the general budget of the Union is always initially balanced. The GNI call rate is determined by the additional revenue needed to finance the budgeted expenditure not covered by the other resources (VAT-based payments, traditional own resources and other revenue). Thus a uniform call rate is applied to the GNI of each of the Member States. Due to this covering mechanism the rate to be applied to the Member States' gross national income varies from one financial year to another. Nowadays this resource represents the largest source of revenue of the EU Budget (generally around 70% of the total financing). In 2017, due to the higher than usual other revenues and surplus from the previous year the rate of call of GNI was 0.5162548% and the total amount of the GNI resource levied was €78,620 million (representing 56.6% of total revenue). In 2017, [[Denmark]], the Netherlands and Sweden benefited from an annual gross reduction in their GNI-based contribution (of respectively €130 million, €695 million and €185 million – all amounts are expressed in 2011 prices). The total amount of own resources that may be collected for the EU Budget from Member States in any given year is limited with reference to Member States' GNI. Currently, the total amount of own resources allocated to the Union to cover annual appropriations for payments cannot exceed 1.20% of the sum of all the Member States' GNI. The ''GNI for own resource purposes''<ref>{{Cite web|url=https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Main_Page|title=Statistics Explained|website=ec.europa.eu|access-date=2019-04-15}}</ref> is calculated by National Statistical Institutes according to European law governing the sources and methods to compile GNI and the transmission of GNI data and related methodological information to the commission (Eurostat). Basic information must be provided by the countries concerned to Eurostat before 22 September in the year following the budget year concerned. Eurostat carries out information visits to the National Statistical Institutes forming part of the [[European Statistical System]]. Based on assessment reports by Eurostat, the Directorate-General for Budget of the Commission may notify to the Permanent Representative of the Member State concerned required corrections and improvements in the form of reservations on the Member State's GNI data. Payments are made monthly by Member States to the commission. Own resources payments are made monthly. Custom duties are made available by Member States after their collection. Payments of VAT- and GNI-based resources are based upon the budget estimates made for that year, subject to later correction. ====Other revenue==== {{Primary sources|section|date=April 2021}} Other revenue<ref name="European Union 2018" /> accounted for 12.4% of EU revenue in 2017. This includes tax and other deductions from EU staff remunerations, contributions from non-EU countries to certain programmes (e.g. relating to research), interest on late payments and fines, and other diverse items. As the balance from the previous year's budget is usually positive in comparison to the budget estimates, there is usually a surplus at the end of the year. This positive difference is returned to the Member States in the form of reduced contributions the following year. ===Correction mechanisms=== The EU budget has had a number of correction mechanisms designed to re-balance contributions by certain member states:<ref name=MFF2>{{cite web|title=The EU's own resources|url=http://ec.europa.eu/budget/mff/resources/index_en.cfm|website=Europa|publisher=European Commission|access-date=22 October 2015}}</ref> # The [[UK rebate]], which reimbursed the [[United Kingdom|UK]] by 66%{{Citation needed|date=March 2019}} of the difference between its contributions to the budget and the expenditures received by the UK. This rebate was not paid to the UK, but was rather deducted from the amount the UK was due to pay. The effect of this rebate was to increase contributions required from all other member states, to make up the loss from the overall budget. Austria, Germany, the Netherlands and Sweden all had their contributions to make up for the UK rebate capped to 25% of their base contributions. As of the UK's departure from the EU, the rebate is no longer in effect. #[[Lump sum|Lump-sum]] payments to reduce annual GNI contributions for Austria, Denmark, the Netherlands and Sweden in the 2014-2020 budget (€60 million, €130 million, €695 million and €185 million respectively). (Austria's reduction expired in 2016.) # A reduced VAT call rate of 0.15% (versus the regular rate of 0.30%) for Germany, the Netherlands and Sweden in the 2014-2020 budget. The [[Brexit|United Kingdom withdrawal from the European Union]] has led the EU to reconsider its funding mechanisms, with the rebates likely to change.<ref>{{cite web|url=https://www.bloomberg.com/news/articles/2016-09-20/brexit-fallout-could-end-rebates-for-all-eu-states-denmark-says|title=Brexit Fallout Could End Rebates for All EU States, Denmark Says|date=2016-09-20|access-date=2017-06-24|publisher=[[Bloomberg L.P.]]}}</ref> [[European Commissioner for Budget and Human Resources]] [[Günther Oettinger]] has stated that "I want to propose a budget framework that does not only do without the mother of all rebates [the U.K.'s] but without all of its children as well".<ref>{{cite web|url=http://www.politico.eu/article/oettinger-wants-to-scrap-all-rebates-in-post-brexit-eu-budget/|title=Oettinger wants to scrap all rebates in post-Brexit EU budget|date=2017-01-06|access-date=2017-09-24|first=Janosch|last=Delcker|work=Politico}}</ref> The [[Multiannual Financial Framework#2014–2020 Financial Framework|Multiannual Financial Framework for the 2021-2027 period]] will shift €53.2 billion as national rebates to Germany and the [[frugal Four]] funded by the Member States according to their GNI.<ref>[https://www.consilium.europa.eu/media/45109/210720-euco-final-conclusions-en.pdf Special meeting of the European Council, 17-21 July 2020 – paragraph A30]. Retrieved 15 November 2020.</ref> ==Expenditure== {{Pie chart | caption=2014 EU expenditure in millions of euros (total: 142,496 million) | label1 = Growth (including infrastructure projects) | value1 = 47.01 | label2 = Natural resources (including CAP) | value2 = 38.80 | label3 = Security and citizenship | value3 = 1.64 | label4 = EU as a global partner | value4 = 6.12 | label5 = Administration | value5 = 6.43 | label6 = Compensations | value6 = 0.003 }} ===Proportional outgoings=== Approximately 94% of the EU budget funds programmes and projects both within member states and outside the EU.<ref name=FAQ6>{{cite web|title=FAQ 6. Where does the money go?|url=http://ec.europa.eu/budget/explained/faq/faq_en.cfm|website=Europa|access-date=22 October 2015}}</ref> Less than 7% of the budget is used for administrative costs, and less than 3% is spent on EU civil servants' salaries.<ref name=FAQ7>{{cite web|title=FAQ 7. How much goes on administration?|url=http://ec.europa.eu/budget/explained/faq/faq_en.cfm|website=Europa|access-date=22 October 2015}}</ref> ===2014–2020 period=== {{Main|Multiannual Financial Framework#2014–2020 Financial Framework}} For the period 2014–2020, the EU budget had expenditures amounting to a total of €1,050,851 million: €900,638.1 million for the EU-28 member states, €62,021.8 million for non-EU expenditures, €56,022.9 million earmarked, and €32,168 million for other expenditures.<ref name=":1" /> The expenditures were divided into six categories or "headings":<ref>{{Cite web |title=EU budget headings and ceilings |url=https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/2014-2020/spending/headings-and-ceilings_en |archive-url=https://web.archive.org/web/20230415041955/https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/2014-2020/spending/headings-and-ceilings_en |archive-date=15 April 2023 |access-date=31 January 2024 |website=European Commission}}</ref> # Smart and inclusive growth – aimed at enhancing competitiveness for growth and jobs and economic, social and territorial cohesion. # Sustainable growth: natural resources - included the [[Common Agricultural Policy|common agricultural policy]] (CAP), [[Common Fisheries Policy|common fisheries policy]], rural development and environmental measures. # Security and citizenship – included justice and home affairs, border protection, immigration and asylum policy, public health, consumer protection, culture, youth, information and dialogue with citizens. # Global Europe - covered all external action ("foreign policy") by the EU, such as development assistance or humanitarian aid, with the exception of the European Development Fund (EDF). # Administration – covered the administrative expenditure of all the European institutions and [[European Schools]], as well as pensions. # Compensations – temporary payments designed to ensure that Croatia, which joined the EU in July 2013, did not contribute more to the EU budget than it benefited from it in the first year following its accession. Besides those six categories, there were also expenditures allocated to "special instruments" (Emergency Aid Reserve, European Union Solidarity Fund, etc.).<ref name=":1" /><ref>{{Cite web |title=Flexibility and special instruments |url=https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/2014-2020/spending/flexibility-and-special-instruments_en |archive-url=https://web.archive.org/web/20231129214646/https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/2014-2020/spending/flexibility-and-special-instruments_en |archive-date=29 November 2023 |access-date=31 January 2024 |website=European Commission|date=25 October 2018 }}</ref> ===2021–2027 period=== {{Main|Multiannual Financial Framework#2021–2027 Financial Framework and recovery package}} [[File:MFF2021-2027andNGEU2021-2024.png|250px|thumb|{{center|MFF and NGEU expenditures}}]] The EU budget for the 2021–2027 period has expenditures of €1,074.3 billion.<ref name="budget2021-2027" /> It goes together with the [[Next Generation EU]] recovery package of €750 billion in grants and loans over the period 2021–2024 to meet the unparalleled economic challenge of the [[COVID-19 pandemic]].<ref>[https://www.consilium.europa.eu/en/meetings/european-council/2020/07/17-21/ Special European Council, 17-21 July 2020 – Main results] Retrieved 15 January 2021.</ref> An important part (95.5 billion euros) of the budget goes to the framework programme for research and development Horizon Europe. Around 25 billion euros are dedicated to Excellent Science (Pillar I), 53,5 billion euros to Global Challenges and European Industrial Competitiveness (Pillar II), and 13,5 billion euros to Innovative Europe (Pillar III). The transversal part about Widening the Participation and Strengthening the European Research Area receives around 3,3 billion euros.<ref>{{cite web |title=What is the budget of Horizon Europe? |url=https://eufunds.me/what-is-the-budget-of-horizon-europe/ |website=EU Funds |date=6 May 2021 |access-date=9 September 2022}}</ref> ==Funding by member states== Net receipts or contributions vary over time, and there are various ways of calculating net contributions to the EU budget, depending, for instance, on whether countries' administrative expenditure is included. Also, one can use either absolute figures, the proportion of [[gross national income]] (GNI), or per capita amounts. Different countries may tend to favour different methods, to present their country in a more favourable light.{{Citation needed|date=October 2015}} ===EU-27 contributions (2007–13)=== ''Note: in this budget period, "EU 27" meant the 27 member states prior to the accession of Croatia.'' {| class="wikitable sortable" |+ Financing of the general budget by member state (2007–2013) ! Member state ! Total national contributions<ref name=CEPS1>{{cite book|last1=Cipriani|first1=Gabriele|title=Financing the EU Budget|date=2014|publisher=Centre for European Policy Studies|isbn=978-1-78348-330-3|url=http://www.ceps.eu/system/files/Financing%20the%20EU%20budget_Final_Colour.pdf|access-date=22 October 2015|ref=CEPS1}}</ref><br /><small>(€ millions)</small> ! Share of total EU contributions<ref name="CEPS1" /><br /><small>(%)</small> ! Average net contributions<ref name="Europa Budget Data 2007-13">{{cite web|title=EU expenditure and revenue 2007-2013|url=http://ec.europa.eu/budget/figures/2007-2013/index_en.cfm|website=Europa|publisher=European Commission|access-date=22 October 2015}}</ref><br /><small>(€ millions)</small> ! Average net contributions<ref name="Europa Budget Data 2007-13" /><br /><small>(% of GNI)</small> |- | {{flag|Austria}} | 16,921 | 2.50 | 733 | 0.24 |- | {{flag|Belgium}} | 22,949 | 3.16 | 1,303 | 0.35 |- | {{flag|Bulgaria}} | 2,294 | 0.32 | -873 | -2.33 |- | {{flag|Cyprus}} | 1,077 | 0.15 | 0 | 0 |- | {{flag|Czech Republic}} | 8,995 | 1.24 | -1,931 | -1.32 |- | {{flag|Denmark}} | 15,246 | 2.10 | 853 | 0.34 |- | {{flag|Estonia}} | 1,001 | 0.14 | -515 | -3.3 |- | {{flag|Finland}} | 11,995 | 1.65 | 464 | 0.24 |- | {{flag|France}} | 128,839 | 17.76 | 5,914 | 0.29 |- | {{flag|Germany}} | 144,350 | 19.90 | 9,507 | 0.35 |- | {{flag|Greece}} | 14,454 | 1.99 | -4,706 | -2.23 |- | {{flag|Hungary}} | 5,860 | 0.81 | -2,977 | -3.14 |- | {{flag|Ireland}} | 9,205 | 1.27 | -474 | -0.32 |- | {{flag|Italy}} | 98,475 | 13.57 | 4,356 | 0.27 |- | {{flag|Latvia}} | 1,323 | 0.18 | -651 | -3.07 |- | {{flag|Lithuania}} | 1,907 | 0.26 | -1,269 | -4.22 |- | {{flag|Luxembourg}} | 1,900 | 0.26 | 75 | 0.28 |- | {{flag|Malta}} | 0,392 | 0.05 | -0,49 | -0.75 |- | {{flag|Netherlands}} | 27,397 | 3.78 | 2,073 | 0.33 |- | {{flag|Poland}} | 22,249 | 3.07 | -8,508 | -2.42 |- | {{flag|Portugal}} | 10,812 | 1.49 | -3,196 | -1.89 |- | {{flag|Romania}} | 8,019 | 1.11 | -1,820 | -1.38 |- | {{flag|Slovakia}} | 4,016 | 0.55 | -1,040 | -1.56 |- | {{flag|Slovenia}} | 2,303 | 0.32 | -337 | -0.94 |- | {{flag|Spain}} | 66,343 | 9.15 | -3,114 | -0.29 |- | {{flag|Sweden}} | 19,464 | 2.68 | 1,318 | 0.32 |- | {{flag|United Kingdom}} | 77,655 | 10.70 | 4,872 | 0.25 |} ===EU-28 contributions (2014–2020)=== In the 2014–2020 period, the EU budget had revenues amounting to total of €1,069,945.7 million: €825,759.1 million from national contributions (VAT-based own resources and GNI-based own resources), €139,351.6 million from traditional own resources (TOR) and €104,835 million from other revenues.<ref name=":1" /> {| class="wikitable sortable" |+ Financing of the general budget and EU expenditure by member state (2014–2020)<ref name=":1">{{cite web |title=EU spending and revenue 2014-2020 |url=https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/2014-2020/spending-and-revenue_en |website=European Commission |access-date=31 January 2024}}</ref> |- ! scope="col" data-sort-type="text" | Member<br />state ! scope="col" data-sort-type="number" | Total national contributions<br /><small>(€ millions)</small> ! scope="col" data-sort-type="number" | Total national contributions + TOR<br /><small>(€ millions)</small> ! scope="col" data-sort-type="number" | Total EU expenditure in member state<br /><small>(€ millions)</small> |- | {{flag|Austria}} | 20,543.2 | 22,017.4 | 13,132.2 |- | {{flag|Belgium}} | 26,482.6 | 40,473.8 | 55,011.8 |- | {{flag|Bulgaria}} | 3,155.4 | 3,702.6 | 15,828.5 |- | {{flag|Croatia}} | 2,904.9 | 3,198.6 | 8,655.6 |- | {{flag|Cyprus}} | 1,235.3 | 1,390.4 | 1,631.0 |- | {{flag|Czech Republic}} | 10,818.2 | 12,590.0 | 34,969.9 |- | {{flag|Denmark}} | 16,112.4 | 18,469.6 | 10,375.6 |- | {{flag|Estonia}} | 1,422.1 | 1,639.2 | 5,444.3 |- | {{flag|Finland}} | 13,400.0 | 14,368.5 | 10,005.6 |- | {{flag|France}} | 140,441.9 | 151,999.8 | 98,698.3 |- | {{flag|Germany}} | 169,665.5 | 197,490.8 | 80,304.1 |- | {{flag|Greece}} | 10,492.6 | 11,710.4 | 41,826.8 |- | {{flag|Hungary}} | 7,075.5 | 8,185.1 | 39,488.8 |- | {{flag|Ireland}} | 13,270.0 | 15,202.4 | 13,815.9 |- | {{flag|Italy}} | 101,994.8 | 114,276.5 | 78,021.6 |- | {{flag|Latvia}} | 1,621.3 | 1,871.5 | 7,424.5 |- | {{flag|Lithuania}} | 2,405.2 | 3,000.7 | 12,029.4 |- | {{flag|Luxembourg}} | 2,313.6 | 2,446.9 | 13,491.9 |- | {{flag|Malta}} | 648.3 | 737.5 | 1,418.7 |- | {{flag|Netherlands}} | 33,836.2 | 51,510.8 | 16,836.4 |- | {{flag|Poland}} | 27,021.0 | 31,640.3 | 104,159.7 |- | {{flag|Portugal}} | 11,618.7 | 12,681.8 | 29,587.4 |- | {{flag|Romania}} | 10,703.2 | 11,832.9 | 41,559.7 |- | {{flag|Slovakia}} | 4,892.3 | 5,537.4 | 17,066.7 |- | {{flag|Slovenia}} | 2,562.4 | 3,050.1 | 6,016.8 |- | {{flag|Spain}} | 68,261.0 | 78,367.0 | 82,841.4 |- | {{flag|Sweden}} | 23,030.6 | 26,598.4 | 12,082.1 |- | {{flag|United Kingdom}} | 97,830.9 | 119,120.3 | 48,913.5 |- |Total |825,759.1 |965,110.7 |900,638.1 |} ===EU-27 contributions (2023)=== The 2023 draft EU budget has a total in own resources of 154,186 M€, decomposed into: total in national contributions own resources: 132,596 M€ and total in net traditional own resources: 21,590 M€. {| class="wikitable sortable" |+ Financing of the general budget by member state (2023).<ref>[https://eur-lex.europa.eu/budget/data/DB/2023/en/GenRev.pdf Table 6, column (9)]</ref> |- ! scope="col" data-sort-type="text" | Member<br />state ! scope="col" data-sort-type="number"| Share in national contributions <small>(%)</small><br />(VAT and GNI-based own resources) |- | {{flag|Belgium}} | 3.61 |- | {{flag|Bulgaria}} | 0.54 |- | {{flag|Czech Republic}} | 1.77 |- | {{flag|Denmark}} | 2.09 |- | {{flag|Germany}} | 23.60 |- | {{flag|Estonia}} | 0.24 |- | {{flag|Ireland}} | 2.36 |- | {{flag|Greece}} | 1.33 |- | {{flag|Spain}} | 9.11 |- | {{flag|France}} | 18.55 |- | {{flag|Croatia}} | 0.42 |- | {{flag|Italy}} | 12.77 |- | {{flag|Cyprus}} | 0.16 |- | {{flag|Latvia}} | 0.25 |- | {{flag|Lithuania}} | 0.39 |- | {{flag|Luxembourg}} | 0.40 |- | {{flag|Hungary}} | 1.20 |- | {{flag|Malta}} | 0.10 |- | {{flag|Netherlands}} | 4.61 |- | {{flag|Austria}} | 2.51 |- | {{flag|Poland}} | 4.70 |- | {{flag|Portugal}} | 1.65 |- | {{flag|Romania}} | 1.87 |- | {{flag|Slovenia}} | 0.39 |- | {{flag|Slovakia}} | 0.74 |- | {{flag|Finland}} | 1.75 |- | {{flag|Sweden}} | 2.88 |} {{clear|both}} ==See also== *[[UK rebate|United Kingdom rebate]] *[[Economy of the European Union]] *[[European Green Deal]] *[[Common Agricultural Policy]] *[[Common Fisheries Policy]] *[[Regional policy of the European Union]] *[[OLAF|European Anti-Fraud Office]] *[[Directorate-General for Budget]] ==References== {{Reflist}} ==External links== *[http://community.openspending.org/research/eu/ OpenSpending Project's "Where Does the EU's Money Go? – A Guide to the Data"] *[http://ec.europa.eu/budget/reform/index_en.htm Multi-annual Financial Framework 2014–2020] EU Commission website on the long-term budget proposals *[http://www.europarl.europa.eu/news/public/focus_page/034-83461-266-09-39-905-20100923FCS83457-23-09-2010-2010/default_en.htm The European Parliament's Budget Focus] Information about the 2011 Budget *[http://ec.europa.eu/budget/index_en.cfm European Commission > Financial Programming and Budget] *[http://www.europarl.europa.eu/news/public/story_page/035-41763-315-11-46-905-20081111STO41762-2008-10-11-2008/default_en.htm Interview with EP Budget discharge rapporteur], European Parliament website (12 November 2008) *[https://www.washingtonpost.com/wp-dyn/content/article/2010/05/09/AR2010050901146.html Europe plans vast contingency fund, racing to contain crisis] *[[Iain Begg]]: [http://library.fes.de/pdf-files/id/ipa/07819.pdf An EU Tax: Overdue Reform or Federalist Fantasy?], Friedrich-Ebert-Stiftung, February 2011, PDF 140 KB {{European Union topics}} {{DEFAULTSORT:Budget of the European Union}} [[Category:Budget of the European Union]] [[Category:Finance in the European Union]] [[Category:Government budgets|European Union]] [[Category:European Union]] [[Category:European Economic Area]] [[Category:European Atomic Energy Community]] </textarea><div class="templatesUsed"><div class="mw-templatesUsedExplanation"><p><span id="templatesused">Pages transcluded onto the current version of this page<span class="posteditwindowhelplinks"> (<a href="/wiki/Help:Transclusion" title="Help:Transclusion">help</a>)</span>:</span> </p></div><ul> <li><a href="/wiki/Culture_of_the_European_Union" class="mw-redirect" title="Culture of the European Union">Culture of the European Union</a> (<a href="/w/index.php?title=Culture_of_the_European_Union&action=edit" 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